The economy is tanking in the long term, and barely holding stable in the short-term. The Republicans plan to enact more of the same policies that they’ve been doing for the last thirty years, and that has brought us to this disastrous point in history. Here’s the dirty little secret. Obama plans the same thing. He intends to supports the “Trans-Pacific Jobs Exporting, Income Redistribution” treaty. Oh yes, he will say it’s good for us and call it free trade.

Obviously, Obama is and never has been serious about jobs, although it is election time, and he has to say he does care, even if he just signed three new trade treaties that will export more jobs and redistribute more income to the rich from the 99 percent. His actions show what a liar and hypocrite the president is.

Using the GINI index, the United States places 75th in terms of income equality among 126 nations. Denmark has the best income equality. Japan and then Sweden are next. The world’s hottest economy, Germany, rated 13th.

The United States rates right in the middle of the pack when it comes to income equality among third world nations. We’re ahead of the Philippines and Haiti, but behind Mozambique and Cambodia.

Every position staked out by President Obama has served to redistribute more income from working people to the wealthy. So income inequality is only getting worst. However, Republicans are even more adamant in redistributing income from the middle to the top. This process has been going on for thirty years since that great income redistribution advocate, President Ronald Reagan, the corporate drone.

If Obama is reelected president, the USA will probably drop to 78th or so on the list, just below Thailand. If a Republican becomes president, the United States middle class will see even more income and wealth redistributed to the top than if Obama remains president. That suggest we should vote for anybody but a Republican or a Democrat for president.

By now everybody knows free trade treaties redistribute income. Jobs are shipped overseas with these agreements. When this occurs, the rich receive the difference between the old employee compensation that was in the United States the new lower compensation paid overseas. The rich get their ill gotten gains via higher dividends and share prices. The job losers lose their income and benefits, which are transferred to the rich.

Obama is pushing for more freely redistribute income treaties with South Korea, Colombia and Panama. This is supported by corporate drones, such as US Senator Ron Wyden and Congressman Earl Blumenauer. And we keep voting for these corporate bozos? Why?

Below is a list of the 126 nations from worst to best income equality.

The Rigged Game: Corporate America and A People Betrayed

The Rigged Game: Corporate America and a People Betrayed

Wall Street is up to no good, and has been since 1980, when it took over the Republican Party, and then the Democratic Party in 1994. Income has been massively redistributed from the 99 to the 1 percent via legislative scam after scam, from tax cuts for the rich to international income redistribution schemes falsely labeled as trade agreements. In The Rigged Game, John Hively exposes how this has all come about starting with a revolutionary, but simple reality, all recessions begin in the financial markets.